ISS has issued two policy updates for the U.S. market, effective for meetings on or after February 1, 2014. Both are consistent with the proposals that ISS put out for comment, which we p...

On September 15, 2013, Judge Martin Glenn of the United States Bankruptcy Court for the Southern District of New York issued an opinion in the Residential Capital (“ResCap”) bankruptc...

After adopting bylaws to allow for annual meetings to be held solely via online technology (known as virtual-only meetings), both PNC Financial Services and Bank of New York Mellon receiv...

The NYSE is hosting a webcast previewing the 2014 proxy season, on Monday, November 25 from 12 Noon to 1:00 pm (EST). We will discuss the key developments and trends expected during the 2...

On November 5, 2013, the Commodity Futures Trading Commission proposed rules to establish new position limits that would apply to 28 agricultural, energy and metals futures contracts, and...

The Securities and Exchange Commission recently proposed rules under the JOBS Act that would permit certain private issuers to raise investment capital through crowdfunding over the inter...

In response to concerns about the seeming prevalence of activist attention, at least 26 companies since May have adopted bylaws that prohibit as candidates for directors those who are par...

Two companies are challenging shareholder proposals submitted by an individual or entity on behalf of the actual shareholder, under different grounds, in two no-action letters to the SEC ...

For the first time, almost half of newly elected directors are retired, according to the 2013 Spencer Stuart Board Index released this month that focuses on directors at S&P 500 companies...

Say-on-pay is our focus in the second of our series on looking at the past season, through reviewing the ISS post-season report. The vote continues to be routine for most companies, as al...